Kevin Hourican Named New CEO of Sysco

Foodservice distributor Sysco Corporation has announced that Tom Bené will be stepping down from his roles as president and chief executive officer effective January 31, 2020, to be replaced by Kevin Hourican. Tom will stay on with Sysco as an executive advisor until...

Diageo Takes Minority Stake in Ritual Zero Proof

Diageo, via its investment arm Distill Ventures, has announced it has taken a minority stake in Ritual Zero Proof, the first spirit alternative distilled in North America. The investment will help drive Ritual’s growth in the U.S., investing in its direct-to-consumer...

Molson Coors to Close Irwindale, California, Brewery

Molson Coors has announced plans to cease production at its Irwindale, California, brewery, by september 2020. The company has also signed an agreement with Pabst Brewing Company giving the latter an option to purchase the Irwindale facility. The plant opened in 1980...